📊XAU/USD Price Action Update – April 23, 2025
🔹Current Price: 3,314.30
🔹Timeframe: 15M

📌Key Supply Zones (Resistance):
🔴3346–3349 – Short-Term Supply (recent reaction zone)
🔴3378–3386 – Higher Timeframe Supply (major reversal potential)

📌Key Demand Zones (Support):
🟢3,292.20 – Intraday Bullish Reaction Zone
🟢H1 RBS Zone – Strong Reversal Block below 3,230.00 (watch for deep liquidity grab)

📈Bullish Outlook:
Price tapped into demand and is showing signs of rejection from the 3,292.20 zone. A clean break and close above 3,321.55 (minor structure) could push price toward the 3346–3349 supply. Ideal long entries on bullish engulfing or CHoCH confirmations.

📉Bearish Outlook:
Failure to hold above 3,292 may invite deeper downside into the H1 RBS zone. Watch for rejection at current supply if price fails to break above 3,321 and returns with lower highs.

⚡Trade Setup Tip:
✅Look for bullish confirmation around 3,292 or deeper
✅Watch for break and retest of 3,321 to target 3346
✅Keep SL tight below key demand or wick lows

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